Morning Market Notes 04-21-25
Market Calendar
$SPX & $QQQ
After the OPEX, the big boi level on $SPX is now 5,000. We’ve got support all the way down to 4,500, which is impressive.
It seems like the new norm for the markets is ±1% pre-market moves — and here we are again, down a percent with Futures implying gaps across the board at open.
The $VIX is still tame compared to recent readings, but it’s still moving almost 10% pre-market.
This is the Q1 2025 ER kickoff week for tech, so we might get some strong action — especially with $GOOGL on deck for Thursday.
Let's have a sesh.